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NYSE:FNFabrinet Stock Price, Forecast & News

$64.33
-0.79 (-1.21 %)
(As of 07/10/2020 04:00 PM ET)
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Today's Range
$63.76
Now: $64.33
$65.25
50-Day Range
$58.56
MA: $62.72
$67.57
52-Week Range
$44.00
Now: $64.33
$71.22
Volume211,100 shs
Average Volume360,430 shs
Market Capitalization$2.36 billion
P/E Ratio20.42
Dividend YieldN/A
Beta0.96
Fabrinet provides optical packaging and precision optical, electro-mechanical, and electronic manufacturing services in North America, the Asia-Pacific, and Europe. The company offers a range of optical and electro-mechanical capabilities in the manufacturing process, including process design and engineering, supply chain management, manufacturing, printed circuit board assembly, packaging, integration, final assembly, and test. Its products comprise switching products, such as reconfigurable optical add-drop multiplexers, optical amplifiers, modulators, and other optical components and modules that enable network managers to route voice, video, and data communications traffic through fiber optic cables at various wavelengths and speeds, and over various distances; tunable lasers, transceivers, and transponders; and active optical cables, which provide high-speed interconnect capabilities for data centers and computing clusters, as well as for Infiniband, Ethernet, fiber channel, and optical backplane connectivity. The company also offers solid state, diode-pumped, gas, and fiber lasers used in semiconductor processing, biotechnology and medical device, metrology, and material processing industries; and differential pressure, micro-gyro, fuel, and other sensors used in automobiles, as well as non-contact temperature measurement sensors for the medical industry. In addition, it designs and fabricates application-specific crystals, lenses, prisms, mirrors, and laser components and substrates, as well as other custom and standard borosilicate, clear fused quartz, and synthetic fused silica glass products. The company serves original equipment manufacturers of optical communication components, modules and sub-systems, industrial lasers, medical devices, and sensors. Fabrinet was incorporated in 1999 and is based in George Town, the Cayman Islands.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.4Community Rank: 3.2Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.57 out of 5 stars


Industry, Sector and Symbol

Industry Telephone & telegraph apparatus
Sub-IndustryElectronic Manufacturing Services
CUSIPG3323L10
Phone662-524-9600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.58 billion
Cash Flow$4.16 per share
Book Value$23.43 per share

Profitability

Net Income$120.96 million

Miscellaneous

Employees11,670
Market Cap$2.36 billion
Next Earnings Date8/17/2020 (Estimated)
OptionableOptionable

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Fabrinet (NYSE:FN) Frequently Asked Questions

How has Fabrinet's stock been impacted by COVID-19 (Coronavirus)?

Fabrinet's stock was trading at $51.08 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, FN shares have increased by 25.9% and is now trading at $64.33. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Fabrinet?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fabrinet in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Fabrinet.

When is Fabrinet's next earnings date?

Fabrinet is scheduled to release its next quarterly earnings announcement on Monday, August 17th 2020. View our earnings forecast for Fabrinet.

How were Fabrinet's earnings last quarter?

Fabrinet (NYSE:FN) released its quarterly earnings results on Monday, May, 4th. The technology company reported $0.92 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.94 by $0.02. The technology company had revenue of $411.21 million for the quarter, compared to analysts' expectations of $414.10 million. Fabrinet had a return on equity of 13.46% and a net margin of 7.21%. Fabrinet's revenue was up 3.1% compared to the same quarter last year. During the same period last year, the business earned $0.92 EPS. View Fabrinet's earnings history.

What guidance has Fabrinet issued on next quarter's earnings?

Fabrinet issued an update on its fourth quarter earnings guidance on Monday, May, 4th. The company provided EPS guidance of $0.80-0.92 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.00. The company issued revenue guidance of $370-400 million, compared to the consensus revenue estimate of $429.29 million.

What price target have analysts set for FN?

8 Wall Street analysts have issued 12-month price objectives for Fabrinet's shares. Their forecasts range from $32.00 to $81.00. On average, they anticipate Fabrinet's stock price to reach $62.63 in the next twelve months. This suggests that the stock has a possible downside of 2.7%. View analysts' price targets for Fabrinet.

Has Fabrinet been receiving favorable news coverage?

News articles about FN stock have trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Fabrinet earned a media sentiment score of -1.2 on InfoTrie's scale. They also gave news headlines about the technology company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news about Fabrinet.

Are investors shorting Fabrinet?

Fabrinet saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 582,300 shares, a decline of 9.8% from the June 15th total of 645,700 shares. Based on an average trading volume of 302,900 shares, the days-to-cover ratio is currently 1.9 days. Approximately 1.6% of the company's stock are short sold. View Fabrinet's Current Options Chain.

Who are some of Fabrinet's key competitors?

What other stocks do shareholders of Fabrinet own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Fabrinet investors own include Intelsat (I), NVIDIA (NVDA), Bank of America (BAC), Cisco Systems (CSCO), Alibaba Group (BABA), Baidu (BIDU), Baozun (BZUN), Square (SQ), Ciena (CIEN) and Twilio (TWLO).

Who are Fabrinet's key executives?

Fabrinet's management team includes the following people:
  • Mr. David Tom Mitchell, Founder & Chairman (Age 77)
  • Mr. Seamus Grady, CEO & Director (Age 52)
  • Dr. Harpal S. Gill, Pres & COO (Age 66)
  • Mr. Toh-Seng Ng, Exec. VP & CFO (Age 65)
  • Mr. Colin R. Campbell, VP & Gen. Counsel

What is Fabrinet's stock symbol?

Fabrinet trades on the New York Stock Exchange (NYSE) under the ticker symbol "FN."

Who are Fabrinet's major shareholders?

Fabrinet's stock is owned by many different retail and institutional investors. Top institutional shareholders include Dalton Greiner Hartman Maher & Co. (0.49%), State of Alaska Department of Revenue (0.09%), Envestnet Asset Management Inc. (0.02%) and Diversified Trust Co (0.01%). Company insiders that own Fabrinet stock include David T Mitchell, Edward T Archer, Frank H Levinson, Harpal Gill, Homa Bahrami, Rollance E Olson, Seamus Grady, Thomas F Kelly and Toh-Seng Ng. View institutional ownership trends for Fabrinet.

Which institutional investors are buying Fabrinet stock?

FN stock was acquired by a variety of institutional investors in the last quarter, including Diversified Trust Co, Envestnet Asset Management Inc., Dalton Greiner Hartman Maher & Co., and State of Alaska Department of Revenue. View insider buying and selling activity for Fabrinet.

How do I buy shares of Fabrinet?

Shares of FN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Fabrinet's stock price today?

One share of FN stock can currently be purchased for approximately $64.33.

How big of a company is Fabrinet?

Fabrinet has a market capitalization of $2.36 billion and generates $1.58 billion in revenue each year. The technology company earns $120.96 million in net income (profit) each year or $3.35 on an earnings per share basis. Fabrinet employs 11,670 workers across the globe.

What is Fabrinet's official website?

The official website for Fabrinet is www.fabrinet.com.

How can I contact Fabrinet?

Fabrinet's mailing address is 190 ELGIN AVENUE, GEORGE TOWN E9, KY1-9005. The technology company can be reached via phone at 662-524-9600 or via email at [email protected]

This page was last updated on 7/11/2020 by MarketBeat.com Staff

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